709/155 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

709/155 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 709/155 Franklin St, Melbourne

709/155 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2015
Local Government
Melbourne
Lot/Plan
F709/PS643381

Last Listing description (June 2023)

Stunning Home at the Heart of Melbourne CBD

Ideally situated in the middle of Melbourne's CBD, this stunning 2-Bed apartment is designed and built to the highest standards and afford all occupants unique open plan living with quality fittings and finishes and further complemented with stylish amenities for its residents to enjoy. Consisting of two good-sized bedrooms with mirrored BIRs, open kitchen which boasts an adjoining European kitchen appliances and open living area with a private balcony.

Features Include:

- Kitchen with stone benchtop, quality appliances and plenty of storage

- High sliding windows, creating a vibrant and exciting living space
- Low maintenance tiles in the living room and comfortable carpet in both bedrooms
- 1 Secure Car Space in the most busiest CBD
- Resident-only building facilities: Gym, swimming pool, sauna, spa and a garden terrace.

Unbeatable location as it is closed to everything: door-step restaurants, supermarkets, cafes and etc, free tram stop, Melbourne Central train station and Emporium.

Immense investment potential or a desirable home for owners.

Total Area: approx. 72 sqm

High rental return $850 per week!!!

Property History for 709/155 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$540,000
10 May 2023
  • 10 May 2023
    Sold - Price Undisclosed
  • 07 Dec 2022
    Listed for Sale $540,000 - $570,000
  • 20 Feb 2022
    Listed for Rent $550
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 64,270 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:

  • The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
  • Houses have a median rent of $700 while Units have a median rent of $672.
There are currently 265 properties listed for sale, and 171 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2714 properties were sold in the past 12 months in Melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.